A Quote by W. Edwards Deming

Management does not know what a system is. — © W. Edwards Deming
Management does not know what a system is.
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.
Dr. A.Q. Khan's part is only enriching the uranium to weapons grade, ... He does not know about making the bomb, he does not know about the trigger mechanism, he does not know about the delivery system
Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.
Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders.
People work in the system. Management creates the system
I think the Invictus Games is something the world needs to know more about. What it does for the competitors and what it does for the families and what it does for the wounded warriors and their support system is nothing short of phenomenal. More people need to know about it.
Good money management alone isn't going to increase your edge at all. If your system isn't any good, you're still going to lose money, no matter how effective your money management rules are. But if you have an approach that makes money, then money management can make the difference between success and failure.
Time management is really personal management, life management. and management of yourself.
Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long.
I do want to get into the government and work for finance management divisions and policy management, but they are all long-term dreams and I don't know when I'll decide to go for it.
What we call a financial crisis is really at its core a crisis of management, and not just a crisis of management, but a crisis of management culture. ...In other words, what you had is a detachment of people who know the business from people who are running the business.
We live in a world where the laws are getting so tight that management has changed to micro-management to quantum-management to paralysis.
I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn't mean it's fraud.
When I wear the hat of management, it is important that our management behaves and conducts as management accountable to the board.
Stakeholders - meaning workers and community - the CEO could just as well be responsible to them. This presupposes there ought to be management but why does there have to be management? Why not have the stakeholders run the industry?
For Democrats to reduce women to beggars for cheap government-funded birth control is demeaning to the women that I know who are far more complicated than their libido and the management of their reproductive system.
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